Stocks Edge Up 1%; Dow Hits Record Midweek

Traders take profits ahead of the weekend as fighting rages in Ukraine; plus, the attraction of spinoffs is apparent at Hertz and Murphy USA.

Another Friday fade wasn't enough last week to reverse the market's momentum, as stocks held on to a 1% gain for the five-day stretch, despite slipping in the final session. The Dow Jones Industrial Average finished the week slightly below a new record high reached Wednesday. As has been the case numerous times in the recent past, stocks fell Friday and investors sold down some positions ahead of a weekend of potentially...